Sunday , 19 November 2017

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Jewellers down shutters opposing PAN card rule

press club of india, Indian Tehalka News

Pot Market Jewellery Shops Association President Mohanlal Jain said that the rule was unfair. Not everyone has a PAN card. There are only 22.5 crore people who have a PAN card.

Jewellery shop owners in the city kept their shutters down on Wednesday to protest the Finance Ministry rule of logging PAN cards for all transaction above Rs. 2 lakh.

Pot Market Jewellery Shops Association President Mohanlal Jain said that the rule was unfair. Not everyone has a PAN card. There are only 22.5 crore people who have a PAN card.

Most people in rural areas don’t have the card. It has already affected our business and will further hurt us. This silent protest is to draw the attention of the Government to this anomaly, he said.

Busy jewellery shopping destinations in the city including Panjagutta, Pot Market, Begum Bazar and a Pathergatti area wore a deserted look with jewellery shop owners and shop hands sitting and exchanging small talk.

From: The Hindu

Jewellers down shutters opposing PAN card rule Reviewed by on . press club of india, Indian Tehalka News Pot Market Jewellery Shops Association President Mohanlal Jain said that the rule was unfair. Not everyone has a PAN ca press club of india, Indian Tehalka News Pot Market Jewellery Shops Association President Mohanlal Jain said that the rule was unfair. Not everyone has a PAN ca Rating: 0
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